Sweep Accounts
Sweep Accounts
Make the most of your money, no additional man-hours required. Our sweep services link to your business checking account, helping you pay down an outstanding line of credit. So you can save on would-be interest payments.
Just set a predetermined threshold for how much cash you need on a day-to-day basis. Then we'll put your unused, excess cash to better purpose. Plus, you can also use a sweep account to automatically replenish your checking account!
Summary
- Linked to your business checking account
- Turn unused cash into savings on interest payments
- Funds over a set balance can be swept to pay down a line of credit
- Funds can also be used to replenish your checking account
- Make more of your cash while ensuring you have enough for your day-to-day